Why the Price of Gold Keeps Breaking Records
The price of gold has been bursting through records in the first month of Mr. Trump’s second term, recently trading at more than $2,900 per troy ounce. It is up about 12 percent already this year, on top of a 27 percent gain last year. Many strategists are upgrading their forecasts, predicting more gains ahead.
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Gold prices are rising globally, but fears of U.S. tariffs on European imports have driven a price spike in New York.
JPMorgan and HSBC – who have access to huge gold supplies in London – often lend out bullion to borrowers who need to use it ...
This story has been updated to add video. The New York Stock Exchange is launching a fully electronic exchange in the Lone Star State. NYSE announced plans for NYSE Texas, which will be ...
Fears that Trump could impose a blanket tax on all imports from Europe, including gold, has prompted a massive influx of the ...
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